North American Vexillological Association

Analysis

North American Vexillological Association is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North American Vexillological Association reported income of $72k and spending of $59k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $72k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North American Vexillological Association sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include New Hope Childrens Foundation Inc ($72k), PTA South Carolina Congress ($72k) and PTA California Congress of Parents Teachers & Students Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 40% of the total. At year end it held assets of $62k against liabilities of $24k, net assets of $37k.